CELTICS FINALIZE SALE OF TV STATION TO FOX

The Celtics announced the completion of the sale of Boston's
WFXT to Fox Television Stations for $95M. The transaction
includes a $95M cash payment and $10M in debt forgiveness. A
Celtics spokesperson said the team has yet to determine "the
amount of the gain it will realize from the transaction" (WALL
STREET JOURNAL, 7/11). Celtics stock gained 1/8 on Monday to
close at 20 7/8.